Did as well in terms of market cap. You can really move if you give the market a beat. Romaine you saw apache rally fall by and conoco about the same amount. This split between Companies Still invested in shale and companies that have more offshore resources. Taylor i still think we should have bought oil at 30 per barrel and stored it in your swimming pool. Romaine right next to the gold. We are waiting for a lot of earnings today. Apple, amazon, facebook, shake shack, yum brands. One of the busiest days of the year right now. As isne gileads outcome Electronic Arts. The 1. 44 expected. Second quarter revenue, 5. 1 billion, that is a slight mess. That company, focused on pharma. Electronic arts. Gaming has been front and center in terms of what we have all been up to. We are seeing Electronic Arts seeing the full year 21 1. 6ngs, revenue coming at billion. Romaine doing well on the quarter and guidance. There is an issue of high expectations. Even as you have adjusted revenue coming i
Planet. Winning start a at the rugby world cup, running for tries to secure a 30 points victory over russia. Anchor hello, welcome to the program. We begin in yemen, where the rebels say they will stop targeting saudi arabia with drones and other weapons. The statement, the head of political office, said they expect the saturdays to stop targeting yemeni territory. And the reserve the right to respond if rehab continues to target react continue react continues to target them. We will cease to target saudi arabia and territory with military drones, Ballistic Missiles and all forms of weapons. We wait for a move from them or for them to declare all kinds of attacks, including aerial bombardment, will cease. We reserve the right to respond if they fail to respond positively to this initiative. The continuation of this war will not be positive for anybody. We say this knowing the ones who suffer more our enemy nations. A journalist spoke to al jazeera earlier and said of saudi arabia doesn
Putin said moscow opposes any unilateral change to the agreement. President trump has refused to recertify the deal. France, germany and the year be in union have also urged President Trump to adhere to the agreement. U. S. Navy leaders are recommending a sweeping list of changes in sailor training, requirements and safety procedures. The ap learned a report scheduled to be released tomorrow seeks to address systemic problems across the Pacific Fleet that led to two deadly collisions earlier this year leaving 17 sailors dead. News 24 hours a day powered morning i am Mark Crumpton. This is bloomberg. Live from bloombergs World Headquarters in new york. Were 30 minutes from the close of trading. U. S. Stocks mixed as the fed keeps on track for the debt rate hike and we await news for the next fed chair. Can add tax reform to the list of tax agenda items facing a delay on capitol hill. House republicans plan to rewrite unveil the plan tomorrow morning. Gears up to phase investors after fa
Barred from the upcoming a lipid games following recent allegations of doping and a coverup by Olympic Games following recent allegations of doping and a coverup by russian authorities. Global news 24 hours a day powered by 2600 journalists. I matt miller. This is bloomberg. Emily im emily chang and this is bloomberg west. Historic, and tech deal marks the end of yahoo as we know it, and a cyber scandal on the eve of the democrats big week. And we will focus on the men leaving apples worst kept secret project. First to our lead yahoo buying price and yahoo four 4 billion. This concludes a sevenmonth project that began in january. The deal also effectively ends the turnaround efforts of yahoo Ceo Marissa Mayer, whose appointment in 2012 was celebrated by wall street and Silicon Valley, or she is staying on for now. I spoke with her today and asked what horizon could do for yahoo that yahoo could not do as and then the company. Take a listen. I think there is tremendous scale from the di
Good conscience. Bloomberg is the founder and owner of the Parent Company of bloomberg news. From bloomberg world headquarters, i am mark crumpton. Emily im emily chang and this is bloomberg west. A favorite new target eager to rein in skyhigh marketing budgets. Amazon quietly changes course on encryption. Bezos brings it back after public backlash. In his first interview since Winston Stott lost 50 of its value, i speak exclusively to jeff weiner. Another twist in the standoff between apple and the fbi. The u. S. Has appealed a brooklyn courts ruling that apple does not have to help unlock an iphone. Lawsuit shows apple did this routinely. The company has complied every time until now. In fact, apple helped open joining me now is adam, who covers apple or bloomberg news. Adam there are a lot of things in multiple coast. In california, you have the case involving the San Bernardino shooter and in new york apple is battling the government. It shows what operating system was on the phone